Pet Insurance: Is it worth it?

Recent events made me think of getting a pet insurance. I was pretty emotional at that time and I was regretting the fact that I canceled the health insurance that I got for my fur baby in the first place.

Having a pet is pretty costly. I learned this the hard way when we got her. Funny thing is, the biggest expense is not her, but cost of vet visit and recently her emergency vet visit.

After calming down a bit, I calculated the cost of health insurance this year (we still have 1 week to go as of today, so this might change a bit) and if it’s worth it even for this situation. It turned out that not having a health insurance still saves us about $200 in total cost since we still need to pay the deductible and monthly premiums. At the same time, insurance will not really cost the routine checkups which I expect to pay every month.

An article published by consumer reports suggested that pet policies are not worth the cost for a generally healthy animal. This is what I’ve read when I canceled her insurance, after 6 months. A logical person will obviously self insured, which is what I did and put the money aside for any future expense. Even if I paid the 6 months premium, I actually still came ahead without the insurance. I am glad I can pay for the emergency vet visit, but it made me think how many people will take debts for their pet.

Having a pet changed my life. I know it is just a dog, but I cannot imagine being put in a situation where I need to choose whether to put her down or cover the cost. Realistically, accidents do happen and I cannot predict her health in the future.

 

An emergency vet visit

My puppy ate a chocolate covered raisin and it cost me $698 in emergency vet clinic.

I have a little furry baby. I got her almost a year ago and so far she’s doing very well. Having a pet will definitely cost you some money, so make sure that you have the budget and the time to take care of it.

Let me first to admit that I am not a dog person. Growing up, most dogs are stray dogs and they are everywhere without proper vaccinations. I was thought to stay away. My partner grew up with a dog, and really want one. It took 3 years of convincing for me to agree. We got a house with a yard and it was time to get one.

My furry baby is the sweetest dog. Really, I will not want any other dog, just her. So when I accidentally dropped a chocolate covered raisin on the floor and she got to it before me, I panic. I search on the internet and all of them suggest that a little bit of chocolate is ok, but raisin — a big NO!

I called my vet and they say the same thing and told me to go to emergency clinic. I knew it will be costly, but I still rushed her. 30 minutes later, I was signing a document telling me the cost of the procedure… holy cow, $450!! I knew it will cost a few hundreds but not that much. I hesitated a bit, but I know that I will regret it if something happen to her because of this. So I sign away. During the procedure, they were not able to get the raisin out… damn! So what’s next? The vet injected some charcoal that is supposed to bind the food with it so they can get it out later on. Ok, then, how much will cost me, well another $200. Again, I know I can’t just say no, so I signed the invoice. An hour later, I got her. She seems normal now, but I think she got a kennel cough from the place.

So yes, that is probably the most expensive chocolate covered raisin I’ve ever had! Silly me for that accident.